International Game Technology (IGT)
International Game Technology PLC (IGT), formerly Gtech S.p.A. and Lottomatica S.p.A., is a great multinational gaming company. You must have heard about them if you enjoy games, particularly slot machines and other gaming technology. The company is headquartered in London, with major offices in Rome, Providence, and Las Vegas. It is controlled with a 51 percent stake by De Agostini. Lottomatica acquired Gtech Corporation, a U.S. gaming company, in August 2006, and later changed its own name to Gtech.
Gtech managed many state and provincial lotteries in the United States and also had contracts with local and national lotteries in Europe, Australia, Latin America, the Caribbean, and Asia.
In 2015, the company acquired American gaming company International Game Technology and again adopted the acquired company’s name as its own.
In July 2014, Gtech agreed to acquire American company International Game Technology (IGT), the world’s largest slot machine manufacturer. The companies joined together under a new holding company based in the UK, and the Gtech name was dropped in favor of IGT. IGT retained the company name but agreed to incorporate GTech’s design into its offerings.
On April 7, 2015, Gtech completely merged with IGT. The new combined company’s name is International Game Technology PLC.
International Game Technology (IGT) is among the biggest and the leading casino gaming brands in the world. This company is a gaming software provider and it powers online casinos but land-based casino industry as well.
All in all, this great gaming developer was founded back in 1975 and it went public in 1981. This company was the first to develop the first video poker machine in the 1980s.
They introduced the Megabucks slot system and then developed a great number of progressive jackpot slots. This company made it to the list of Fortune 100 Fastest Growing Companies in the world in 2003. In 2005 it bought out Wagerworks and thus entered the online casino industry.
This acquisition of Wagerworks opened a successful entry into the online casino industry. Throughout years, it helped them to release a great number of games of the best quality through their online casino software offerings.
Today, IGT software is used in more than 100 casino brands worldwide. IGT complies with the principles of the International Labor Office’s Tripartite Declaration of Principles concerning Multinational Enterprises and its social policy (Geneva 2000). International Game Technology has won a number of awards and honors including at the EGR B2B Awards, Southern Gaming Summit and the Annual Telly Awards.
You can play IGT games in instant play mode only, and this means you can play them from a desktop computer – Windows PC or Mac, laptop or mobile device.
The Company works for various gaming markets, lottery management services, online and instant lotteries, electronic gaming machines, sports betting, interactive gaming and commercial services.
Its segments are North America Gaming and Interactive (NAGI), North America Lottery, International and Italy. IGT PLC provides business-to-consumer (B2C) and business-to-business (B2B) products and services to customers in approximately 100 countries.
IGT PLC offers various interactive gaming products within the International segment, including poker, casino, bingo and mobile systems.
This great software company develops, designs and manufacturers cabinets, games, systems and software for customers in legal gaming markets throughout the world under fixed fee, participation, and product sales contracts.
International Game Technology holds more than 400 global gaming licenses, including from the Nevada Gaming Commission. IGT PLC has a great number of machine cabinets, a great choice of games. They develop a range of Casino games taking into account local jurisdictional requirements, market dynamics and player preferences.
Generally, their games typically fall into two categories, including Core games, which include core video reel, core mechanical reel and core video poker, which are typically sold and in some situations leased to customers, and Premium games, such as Wide Area Progressives, which are games that are linked across several casinos and/or jurisdictions and share common jackpot, and Multi-Level Progressives, which are linked to a number of other games within the casino itself and offer players the opportunity to win different levels of jackpots.
However, IGT PLC produces a wide range of many other types of games, including Centrally Determined games, , which are games connected to a central server that determines the game outcome and Class 2 games, which are electronic video bingo machines, which can be found in North American Tribal Casinos and certain other jurisdictions, such as South Africa. IGT PLC provides video lottery terminals (VLT), VLT central systems and VLT games to government customers across the world, and provides VLT and games to operators across the world.
PLC is a complex and quality-oriented company that leans on elements of math, play mechanics, sound, art and technological advancements with a library of entertainment licenses. Its primary Casino Management System (CMS) offering is the Advantage System. IGT PLC provides betting technology to lotteries and commercial operators in regulated markets, primarily in Italy and other countries in Europe.